As economic uncertainty from the COVID-19 pandemic mounts, one organization is predicting the damage could be the worst the world has seen since the Great Depression. The International Monetary Fund ...

WASHINGTON -- The U.S. economy entered a recession in February as the coronavirus struck the nation, a group of economists declared Monday, ending the longest expansion on record. The economists said ...

Here is the latest on the COVID-19-induced financial crisis. The coronavirus pandemic has quickly become not only a health care crisis but a financial one, shuttering businesses, upending industries ...

U.S.-based employers have cut more than 1.17 million jobs so far in 2025, the highest level since the first year of the COVID ...

November layoffs dropped 53% from last month but rose 24% yearly, pushing 2025 job cuts to levels not seen since COVID-19 ...

SACRAMENTO, Calif. (KABC) -- Amid an announcement Friday of 3.1 million people filing for unemployment in California in the past month, Gov. Gavin Newsom labeled the state's economic crisis a ...